Rejection Analysis 1/7/14

FX:XAUUSD   Gold Spot / U.S. Dollar
We met a key level for a very short time. The pressure got rejected very fast and it seems like lots of orders got triggered.

If the price goes into the yellow neutral zone it would refresh a new short idea and if it breaks 1310 then this would be the confirmation of the downtrend.

Let's wait and see.


Waiting ^_^ down down down o_O
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